Booking Holdings Inc. BKNG Gross Profit
Discontinued — last reported Q4 '17
Gross Profit at other companies
Other financials
Where this comes from
Reported directly by Booking Holdings Inc. in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
The official record: Booking Holdings Inc.’s 10-K, filed February 27, 2019, on SEC EDGAR. View the filing →
Questions, answered.
- What does gross profit mean?
- Gross profit is the money remaining after subtracting the direct costs of delivering travel booking services from total revenue.
- How do you interpret gross profit?
- An increase suggests improved pricing power or lower direct transaction costs, while a decrease may indicate rising payment processing fees or increased customer support requirements.
- How does gross profit compare across companies?
- Peer online travel agencies typically maintain high gross margins due to the scalable nature of digital booking platforms, though margins vary based on the mix of agency versus merchant business models.